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Find how much sales revenue did the company earn

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Problem 1: A newly established company has the following financial statement figures at the end of its accounting period. (a) Cash..... 200 TL, (b) Accounts Payable.....350 TL, (c) Inventories.....250 TL, (d) Financing Expenses.....100 TL, (e) PPE.....400 TL, (f) General Administrative Expenses..... 120 TL, (g) Long-term borrowings.....350 TL, (h) Cost of Goods Sold.....200 TL, (i) Capital.....300 TL, (j) Accounts Receivable.....300 TL. According to this data, how much sales revenue did the company earn during the year?

a) 570 TL

b) 150 TL

c) 370 TL

d) 250 TL

e) Other:

Reference no: EM132764526

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